"Macquarie Group of Companies in Korea will be a global Partner for five years in a demonstration of its long-term commitment to Korea," said Dr Choue Cheong-Won, president of the Korea-based WTF. “Macquarie's involvement with the WTF will be a huge boost for taekwondo, as it will enable us to promote the sport better in Korea and overseas."
John Walker, the chairman of the international financial services group, added: "This is one of the most significant sponsorships done by us anywhere in the world. Most Korean families experience taekwondo in some way. We hope that this agreement will allow us to make that experience even more rewarding for them."
As part of the sponsorship, Macquarie will launch a community programme to provide equipment and other benefits for children from poorer families who normally wouldn't be able to participate in taekwondo.
